Federal Open Market Committee could lower interest rates three times in 2020,
- tariffs implemented in the US-China trade war expected to drag down US growth to just 0.5% year-on-year in the first half of 2020
- “We think this tariff damage is going to push U.S. growth down … that’s actually going to trigger three Fed cuts, which is way off consensus, nobody believes that,”
And, the hedge:
- the impact from tariffs could just be temporary and that the US is not headed into a recession
More at that link, above
